Mar 17, 2010, 04.33 PM | Source: Reuters
Healthcare and IT solutions provider Religare Technologies Ltd has acquired the healthcare business of Sobha Renaissance Information Technology Private Ltd.
Sobha Renaissance is a company promoted by the founder of Sobha Developers . The financial terms of the acquisition were not disclosed.
Sobha stock price
On May 02, 2016, Sobha closed at Rs 291.55, down Rs 1.25, or 0.43 percent. The 52-week high of the share was Rs 438.00 and the 52-week low was Rs 230.05.
The company's trailing 12-month (TTM) EPS was at Rs 16.57 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 17.6. The latest book value of the company is Rs 239.21 per share. At current value, the price-to-book value of the company is 1.22.